SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF (NYSEARCA:CERY) Sees Significant Increase in Short Interest

SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF (NYSEARCA:CERY) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 102,511 shares, a growth of 63.0% from the August 15th total of 62,893 shares. Based on an average daily trading volume, of 84,868 shares, the short-interest ratio is currently 1.2 days. Currently, 0.4% of the shares of the company are sold short.

SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF Trading Down 0.1%

Shares of SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF stock opened at $39.72 on Friday. SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF has a twelve month low of $28.06 and a twelve month high of $40.34. The business’s 50 day simple moving average is $37.37 and its 200-day simple moving average is $36.13.

Hedge Funds Weigh In On SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF

Several hedge funds and other institutional investors have recently modified their holdings of CERY. USAdvisors Wealth Management LLC bought a new position in SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF in the 1st quarter worth approximately $203,000. Oarsman Capital Inc. raised its stake in SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF by 37.9% during the 4th quarter. Oarsman Capital Inc. now owns 24,488 shares of the company’s stock valued at $699,000 after acquiring an additional 6,728 shares in the last quarter. Finally, Strategic Investment Advisors MI acquired a new position in SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF during the 1st quarter worth $247,000.

SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF Company Profile

The SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF (CERY) is an exchange-traded fund that is based on the Bloomberg Enhanced Roll Yield index. The fund tracks a liquid, broad commodity index, providing diversified exposure across five commodity sectors. The index utilizes an enhanced roll methodology designed to mitigate the impact of negative carry. CERY was launched on Sep 4, 2024 and is issued by State Street.